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HR 7244 118th Congress House Taxation

End Tax Breaks for Dark Money Act

Introduced: February 6, 2024 Introduced by: Chu, Judy Democratic · California See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 6, 2024
Referred to the House Committee on Ways and Means.
Feb 6, 2024
Introduced in House
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 Plain-English summary Congressional Research Service

End Tax Breaks for Dark Money Act

This bill extends the capital gains tax on transfers of appreciated property to certain tax-exempt social organizations (e.g., civics leagues, agricultural organizations, or business leagues). Currently, the tax is imposed only on transfers to political organizations.

What's happening now February 6, 2024

Referred to the House Committee on Ways and Means.

 Related & companion bills 1
  • S 3743 Related bill A bill to amend the Internal Revenue Code of 1986 to treat transfers of appreciated property to certain tax-exempt orga…
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 19
All 19 Democratic 18
D
Kamlager-Dove, Sydney
California · Mar 13, 2024
 D
Omar, Ilhan
Minnesota · Mar 12, 2024
 D
Casten, Sean
Illinois · Mar 5, 2024
 D
Goldman, Daniel S.
New York · Mar 5, 2024
 D
Schiff, Adam B.
California · Feb 28, 2024
Lee, Barbara
· Feb 13, 2024
 D
Balint, Becca
Vermont · Feb 6, 2024
 D
Davis, Danny K.
Illinois · Feb 6, 2024
 D
García, Jesús G. "Chuy"
Illinois · Feb 6, 2024
 D
Gomez, Jimmy
California · Feb 6, 2024
 D
Johnson, Henry C. "Hank"
Georgia · Feb 6, 2024
 D
Lee, Summer L.
Pennsylvania · Feb 6, 2024
 D
Norton, Eleanor Holmes
District of Columbia · Feb 6, 2024
 D
Ramirez, Delia C.
Illinois · Feb 6, 2024
 D
Raskin, Jamie
Maryland · Feb 6, 2024
 D
Schakowsky, Janice D.
Illinois · Feb 6, 2024
 D
Tlaib, Rashida
Michigan · Feb 6, 2024
 D
Watson Coleman, Bonnie
New Jersey · Feb 6, 2024
 D
Williams, Nikema
Georgia · Feb 6, 2024
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 7244: End Tax Breaks for Dark Money Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-7244/
MLA
"H.R. 7244: End Tax Breaks for Dark Money Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-7244/.
Bluebook (legal)
H.R. 7244, 118th Cong. (2026), https://openamerica.io/bill/118-HR-7244/.
Markdown link
[H.R. 7244: End Tax Breaks for Dark Money Act](https://openamerica.io/bill/118-HR-7244/)
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